Zip 49283 (Spring Arbor, MI) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Michigan / Jackson Metro Area / Jackson County / No City / Spring Arbor (zip 49283)
Spring Arbor, Michigan is a small town located in Jackson County, with an estimated population of 492 people. It has a quaint rural atmosphere and offers plenty of outdoor activities for those who enjoy nature. Housing options in Spring Arbor are reasonably priced, with two-bedroom rentals averaging $830 per month — significantly lower than the national average of $1,430 per month. Grocery costs are also fairly low here, with the local grocery cost index rated at 95 versus 100 in the US.
The town is home to several local companies such as J & J Automotive Services and SPC Custom Fabricators Inc., which provide jobs to many of the citizens. There are plenty of things to do here locally, including visiting historic sites like the Watson Homestead or taking a leisurely stroll down Main Street. Spring Arbor University provides another source of entertainment as well as educational opportunities for those looking to advance their education. All in all this town offers a great place to live at an affordable price!

Spring Arbor (zip 49283) has an unemployment rate of 5.9%. The US average is 6.0%.

Spring Arbor (zip 49283) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.

Tax Rates for Spring Arbor (zip 49283)
- The Sales Tax Rate for Spring Arbor (zip 49283) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Spring Arbor (zip 49283) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Spring Arbor (zip 49283)
- The average income of a Spring Arbor (zip 49283) resident is $21,008 a year. The US average is $28,555 a year.
- The Median household income of a Spring Arbor (zip 49283) resident is $75,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpring Arbor, MichiganUnited States
  5.96
  -6.3%-6.2%
  29.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $26,141$37,638
  $75,083$69,021
  $88,208$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.5%6.8%
  4.6%10.0%
  1.0%2.5%
  3.3%11.0%
  0.7%4.8%
  2.3%0.8%
  0.4%1.9%
  3.3%4.7%
  0.0%1.9%
  2.4%7.6%
  0.0%0.1%
  4.5%4.2%
  33.0%9.3%
  16.0%14.0%
  2.6%2.1%
  5.1%7.0%
  10.4%4.8%
  1.8%4.7%
Health